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Hernando County, Florida Economic Analysis


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Economic Analysis

People and the communities they live in depend on money. The people of Hernando County, Florida need food, shelter, clothing, and medical care. Business formation and job creation are essential to this community. Money sustains infrastructure such as roads and airports as well as human resources including fire rescue and police protection.

Energy Costs In Florida

    Residential
(cents per
kilowatthour)
Commercial
(cents per
kilowatthour)
Industrial
(cents per
kilowatthour)
Other
(cents per
kilowatthour)
Transportation
(cents per
kilowatthour)
Total
(cents per
kilowatthour)
1990              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 7.77 6.66 5.08 6.83 0.00 7.04
  Total Electric Industry 7.77 6.66 5.08 6.83 0.00 7.04
1991              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 7.91 6.77 5.19 6.85 0.00 7.16
  Total Electric Industry 7.91 6.77 5.19 6.85 0.00 7.16
1992              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 7.75 6.58 5.02 6.81 0.00 6.99
  Total Electric Industry 7.75 6.58 5.02 6.81 0.00 6.99
1993              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 7.99 6.69 5.26 6.96 0.00 7.20
  Total Electric Industry 7.99 6.69 5.26 6.96 0.00 7.20
1994              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 7.78 6.35 5.13 6.72 0.00 6.96
  Total Electric Industry 7.78 6.35 5.13 6.72 0.00 6.96
1995              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 7.82 6.39 5.16 6.69 0.00 7.01
  Total Electric Industry 7.82 6.39 5.16 6.69 0.00 7.01
1996              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 7.99 6.63 5.11 6.80 0.00 7.18
  Total Electric Industry 7.99 6.63 5.11 6.80 0.00 7.18
1997              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 8.08 6.62 5.04 6.80 0.00 7.19
  Total Electric Industry 8.08 6.62 5.04 6.80 0.00 7.19
1998              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 7.89 6.38 4.81 6.64 0.00 7.01
  Total Electric Industry 7.89 6.38 4.81 6.64 0.00 7.01
1999              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 7.73 6.22 4.77 6.61 0.00 6.85
  Total Electric Industry 7.73 6.22 4.77 6.61 0.00 6.85
2000              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 7.77 6.25 4.84 6.96 0.00 6.91
  Total Electric Industry 7.77 6.25 4.84 6.96 0.00 6.91
2001              
  Full-Service Providers 8.59 7.08 5.18 7.60 0.00 7.67
  Total Electric Industry 8.59 7.08 5.18 7.60 0.00 7.67
2002              
  Full-Service Providers 8.16 6.64 5.23 7.43 0.00 7.31
  Total Electric Industry 8.16 6.64 5.23 7.43 0.00 7.31
2003              
  Full-Service Providers 8.55 7.13 5.41 0.00 7.21 7.72
  Total Electric Industry 8.55 7.13 5.41 0.00 7.21 7.72
2004              
  Full-Service Providers 8.99 7.61 5.84 0.00 7.45 8.16
  Total Electric Industry 8.99 7.61 5.84 0.00 7.45 8.16
2005              
  Full-Service Providers 9.62 8.16 6.46 0.00 8.03 8.76
  Total Electric Industry 9.62 8.16 6.46 0.00 8.03 8.76
2006              
  Full-Service Providers 11.33 9.91 7.71 0.00 10.32 10.45
  Total Electric Industry 11.33 9.91 7.71 0.00 10.32 10.45

(updated 2006)



Time Leaving to Work in Hernando County, Florida

12:00 A.M. TO 4:59 A.M.   : 1,943   (4.6%)
5:00 A.M. TO 5:29 A.M.   : 1,789   (4.3%)
5:30 A.M. TO 5:59 A.M.   : 2,163   (5.2%)
6:00 A.M. TO 6:29 A.M.   : 3,529   (8.4%)
6:30 A.M. TO 6:59 A.M.   : 4,640   (11.1%)
7:00 A.M. TO 7:29 A.M.   : 5,580   (13.3%)
7:30 A.M. TO 7:59 A.M.   : 6,130   (14.6%)
8:00 A.M. TO 8:29 A.M.   : 4,508   (10.7%)
8:30 A.M. TO 8:59 A.M.   : 2,490   (5.9%)
9:00 A.M. TO 9:59 A.M.   : 2,377   (5.7%)
10:00 A.M. TO 10:59 A.M.   : 880   (2.1%)
11:00 A.M. TO 11:59 A.M.   : 502   (1.2%)
12:00 P.M. TO 3:59 P.M.   : 2,909   (6.9%)
4:00 P.M. TO 11:59 P.M.   : 2,517   (6.0%)


(updated 2010)



Household Size By Vehicles Available
(Hernando County, Florida)

1-person household:

No vehicle available : 2,364

1 vehicle available : 14,511

2 vehicles available : 1,978

3 vehicles available : 185

4 or more vehicles available : 109

2-person household:

No vehicle available : 915

1 vehicle available : 12,429

2 vehicles available : 14,481

3 vehicles available : 1,818

4 or more vehicles available : 471

3-person household:

No vehicle available : 366

1 vehicle available : 1,950

2 vehicles available : 3,698

3 vehicles available : 1,970

4 or more vehicles available : 529

4-or-more-person household:

No vehicle available : 176

1 vehicle available : 2,154

2 vehicles available : 6,282

3 vehicles available : 2,161

4 or more vehicles available : 1,340


(updated 2013)



Household Size By Number Of Workers In Household
(Hernando County, Florida)

1-person household:

No workers : 13,991

1 worker : 5,156

2-person household:

No workers : 17,484

1 worker : 8,299

2 workers : 4,331

3-person household:

No workers : 1,744

1 worker : 3,697

2 workers : 2,402

3 workers : 670

4-or-more-person household:

No workers : 1,989

1 worker : 4,655

2 workers : 4,144

3 or more workers : 1,325


(updated 2013)



Travel Time To Work
(Hernando County, Florida)

Less than 5 minutes : 1,820

5 to 9 minutes : 4,837

10 to 14 minutes : 6,784

15 to 19 minutes : 8,213

20 to 24 minutes : 6,362

25 to 29 minutes : 2,689

30 to 34 minutes : 6,024

35 to 39 minutes : 1,055

40 to 44 minutes : 1,124

45 to 59 minutes : 5,338

60 to 89 minutes : 5,910

90 or more minutes : 1,733


(updated 2013)



Occupations in Hernando County, Florida

Male:


  • Management, Professional, And Related Occupations: 4,937  (21.2%)
  • Service Occupations: 3,703  (15.9%)
  • Sales And Office Occupations: 4,203  (18.1%)
  • Farming, Fishing, And Forestry Occupations 208  (0.9%)
  • Construction, Extraction, And Maintenance Occupations: 5,822  (25.0%)

Female:


  • Management, Professional, And Related Occupations: 6,191  (29.7%)
  • Service Occupations: 4,574  (22.0%)
  • Sales And Office Occupations: 8,423  (40.5%)
  • Farming, Fishing, And Forestry Occupations 76  (0.4%)
  • Construction, Extraction, And Maintenance Occupations: 155  (0.7%)


(updated 2010)





Employment Rate In Hernando County, Florida

Employed: 57,655
Unemployed: 2,608



Minority Owned Firms of 100 or More in
Hernando County, Florida

  • Total Black-owned firms of 100 or more, percent 2002: 0.0%
  • Total American Indian-and Alaska Native-owned firms of 100 or more, percent 2002: 0.0%
  • Total Asian-owned firms of 100 or more, percent 2002: 1.5%
  • Total Hispanic-owned firms of 100 or more, percent 2002: 0.0%
  • Total Native Hawaiian-and Other Pacific Islander-owned firms of 100 or more, percent 2002: 0.0%
  • Total women-owned firms of 100 or more, percent 2002: 22.4%
  • Other: 76.1%



Water Usage In Hernando County, Florida

Ground Water

 
Fresh 49.46 Mgal/d
Saline 0.00 Mgal/d

Total 49.46 Mgal/d
 

Surface Water

 
Fresh 0.00 Mgal/d
Saline 0.00 Mgal/d

Total 0.00 Mgal/d





There are 811 Farms In Hernando County, Florida


(updated 2008)



Banks In Hernando County, Florida

Suntrust Bank - 10 Branches


    Bank Assets: $1.7b
    Industry Specialization: Commercial Lending
    Total Offices: 1,514

Bank Of America, National Association - 6 Branches


    Bank Assets: $8.7b
    Industry Specialization: All Other > $1 Billion
    Total Offices: 5,094

Regions Bank - 5 Branches


    Bank Assets: $589.7m
    Industry Specialization: Commercial Lending
    Total Offices: 1,673

Capital City Bank - 3 Branches


    Bank Assets: $7.6m
    Industry Specialization: Commercial Lending
    Total Offices: 79

Jpmorgan Chase Bank, National Association - 2 Branches


    Bank Assets: $4b
    Industry Specialization: International
    Total Offices: 5,679

Brannen Bank - 2 Branches


    Bank Assets: $850.9k
    Industry Specialization: All Other < $1 Billion
    Total Offices: 12

Wells Fargo Bank, National Association - 2 Branches


    Bank Assets: $2.8b
    Industry Specialization: All Other > $1 Billion
    Total Offices: 6,310

Cadence Bank, N.a. - 2 Branches


    Bank Assets: $14m
    Industry Specialization: Commercial Lending
    Total Offices: 98

Compass Bank - 2 Branches


    Bank Assets: $150.9m
    Industry Specialization: Commercial Lending
    Total Offices: 675

Branch Banking And Trust Company - 2 Branches


    Bank Assets: $367.2m
    Industry Specialization: Commercial Lending
    Total Offices: 1,843

(updated 2014)







Airports Near Hernando County, Florida

  • Hernando County


    (about 3.6 miles in Brooksville, Florida; Airport Code: JZQ)

  • Zephyrhills Municipal


    (about 28.3 miles in Zephyrhills, Florida; Airport Code: FL1)

  • Tampa International


    (about 38.0 miles in Tampa, Florida; Airport Code: TPA)

  • Peter O'Knight


    (about 41.7 miles in Tampa, Florida; Airport Code: TPF)

  • St Pete Clearwater International


    (about 44.1 miles in Clearwater, Florida; Airport Code: PIE)

  • St. Petersburg-Clearwater International


    (about 44.2 miles in Clearwater, Florida; Airport Code: PIE)

  • Leesburg Municipal


    (about 45.8 miles in Leesburg, Florida; Airport Code: LEE)

  • Leesburg International


    (about 45.8 miles in Leesburg, Florida; Airport Code: LEE)

  • Lakeland Linder Regional


    (about 46.3 miles in Lakeland, Florida; Airport Code: LAL)

  • Lakeland Municipal


    (about 46.5 miles in Lakeland, Florida; Airport Code: LAL)

  • Macdill AFB


    (about 46.5 miles in Macdill Afb, Florida; Airport Code: MCF)

  • Ocala International-Jim Taylor Field


    (about 47.6 miles in Ocala, Florida; Airport Code: OCF)

  • Ocala Municipal


    (about 47.8 miles in Ocala, Florida; Airport Code: OCF)

  • Albert Whitted


    (about 52.8 miles in Saint Petersburg, Florida; Airport Code: SPG)

  • Walt Disney World


    (about 57.4 miles in Lake Buena Vista, Florida; Airport Code: DWS)

  • Williston Municipal


    (about 57.5 miles in Williston, Florida; Airport Code: FL5)

  • Bartow Municipal


    (about 58.3 miles in Eloise, Florida; Airport Code: BOW)

  • Kissimmee Gateway


    (about 65.4 miles in Kissimmee, Florida; Airport Code: ISM)

  • Herndon


    (about 69.6 miles in Orlando, Florida; Airport Code: ORL)

  • Executive


    (about 69.7 miles in Orlando, Florida; Airport Code: ORL)


(updated 2015)



Modes of Transportation in Hernando County, Florida

Car, Truck, Or Van:

 

Drove Alone

81.50%

Carpooled

13.44%

Public Transportation:

 

Bus Or Trolley Bus

0.05%

Streetcar Or Trolley Car

0.0%

Subway Or Elevated

0.02%

Railroad

0.0%

Ferryboat

0.02%

Taxicab

0.09%

Motorcycle

0.33%

Bicycle

0.11%

Walked

0.81%

Other Means

0.78%

Worked At Home

2.85%



(updated 2010)





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